Bulls should be haunted by bears of the past
Article Abstract:
A number of experts believe that the current bull market will come to an end, being replaced by an extreme and long-lasting bear market. Indeed, market analyst Robert Prechter forecasts that the bear market will not stop until the Dow Jones has fallen back to 1,000, down by around 85% from current levels. He expects that this will happen around 2003, when there will also be a significant economic depression. It will be followed by bull markets which will reach a peak in the 2020s.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Stock markets will get a reality check, but when?
Article Abstract:
There have been only two years since 1978 in which stocks have not shown a positive total return. However, it is widely recognized that a stock market correction will take place at some point. Investors now have to consider what to do about this. It is possible that the downturn in US and UK stocks that has been predicted for so long will actually take place in 1999. However, stock market trends are extremely difficult to predict.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Heading for an almighty fall
Article Abstract:
The UK stock market is currently clearly reacting to uncertainty being created by the forthcoming general election. However, longer-term trends in the UK stock market will be determined much less by domestic politics than by developments on Wall Street. The UK stock market would not advance very far if there were a serious decline in Wall Street, which is now at the very top limit of its long-term trading parameters.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: John Major, Leader of the Opposition. Is it just Emma - or is it really The End? The smug versus the squeamish
- Abstracts: Buscemi: born to be a baddy. Trevor the skinhead mellows in the LA sun. Handpicked to be a wise guy
- Abstracts: Stock markets are casinos - but unwary gamblers may still win out. Long-term future impossible to predict
- Abstracts: One year on: spot the difference. Long-suffering Patten is praised at the death
- Abstracts: French show of fury lets Front play the martyr; protests against Le Pen's congress may actually help him. French election pivots around euro